Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

[adamstgBit]

Monkey is suddenly fearful of an impulsive downward movement.  

Perhaps monkeys are in touch with their primitive impulsive instincts than I am.  Rationally, I do not see how this thing can fail to take off.  Every professional trader in every major financial center must realize at this point, that a 10x, 50x move is all but guarranteed when COIN lists.  How can they not be loading up in their personal accounts?

Still, monkey sez:  Danger of 640 floor breaking over the next 5 hours.

excellent this is exactly what they want monkeys to feel.

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[ChartBuddy]

Explanation

[Tzupy]

Monkey is suddenly fearful of an impulsive downward movement. 

Perhaps monkeys are in touch with their primitive impulsive instincts than I am.  Rationally, I do not see how this thing can fail to take off.  Every professional trader in every major financial center must realize at this point, that a 10x, 50x move is all but guarranteed when COIN lists.  How can they not be loading up in their personal accounts?

Still, monkey sez:  Danger of 640 floor breaking over the next 5 hours.

Over the next 5 hours? I only expected that tomorrow. If it happens, your monkey is a better bear than me.

[KFR]

Please learn how Bitcoin works, prof. 

Could it be that I missed the page on Satoshi's paper where he proves that bitcoins are impossible to steal?

No but it could possibly be the fact that you're wilfully ignoring facts that don't support your hypothesis.  Again.

Bitcoin is much more resilient to the kind of attack mentioned in that article due to the way it is used.  As for why, do some damn work.  You might have to try using it to find out.  I'm done teaching you, prof.

[shmadz]

Monkey is suddenly fearful of an impulsive downward movement. 

Perhaps monkeys are in touch with their primitive impulsive instincts than I am.  Rationally, I do not see how this thing can fail to take off.  Every professional trader in every major financial center must realize at this point, that a 10x, 50x move is all but guarranteed when COIN lists.  How can they not be loading up in their personal accounts?

Still, monkey sez:  Danger of 640 floor breaking over the next 5 hours.

Perhaps monkey has some intuition of farming stop-losses?

[beetcoin]

all this good news and bitcoin doesn't quite seem bullish.. i guess it's a little bit impervious. at this point, news on adoption rate probably isn't enough.. we're gonna need that ETF and wallstreet to see some big gains. or maybe people are just not in the spending mood right now.

[aminorex]

Perhaps monkey has some intuition of farming stop-losses?

Yours is currently the best, most plausible, working explanation I have.  It will take me weeks to get around to testing it, but I have written it down.  Thanks.

In other news, the next impulsive upward move is likely to result in a "golden cross", which will surely attract more fiat to the flames.

[TooDumbForBitcoin]

10x, 50x move is all but guarranteed when COIN lists.

500B USD sitting around will get the attention of some serious hacking chops

[magicmexican]

i sense a big green dildos appearing from the shadows, the nightmare for bears.

[nrd525]

More evidence that alt-coins aren't doing well - Dogecoin is getting destroyed.  Fell as low as 31 satoshis, now at 35.

[Miz4r]

all this good news and bitcoin doesn't quite seem bullish.. i guess it's a little bit impervious. at this point, news on adoption rate probably isn't enough.. we're gonna need that ETF and wallstreet to see some big gains. or maybe people are just not in the spending mood right now.

Looks bullish enough to me, nice horizontal bull flag forming right now and this could go on for a couple more days before the way up is clear of resistance. Price can't go up continuously in a bull market, it can go sideways for several weeks or retrace back a bit before moving up again.

[shmadz]

.  I'm done teaching you, prof.

He reminds me of the professor from atlas shrugged.

(paraphrasing) "This is the last institute of academic learning in the country! We must sacrifice this silly bitcoin idea to protect the interests of the greater good!"

[Davyd05]

took me three weeks after the silkroad 1.0 fell, to get my fiat in order and buy bitcoin off of localbitcoins. From that point I vetted exchanges then deposited and bought bitcoins prolly took another 3 weeks after my local bitcoin buy.

[beetcoin]

all this good news and bitcoin doesn't quite seem bullish.. i guess it's a little bit impervious. at this point, news on adoption rate probably isn't enough.. we're gonna need that ETF and wallstreet to see some big gains. or maybe people are just not in the spending mood right now.

Looks bullish enough to me, nice horizontal bull flag forming right now and this could go on for a couple more days before the way up is clear of resistance. Price can't go up continuously in a bull market, it can go sideways for several weeks or retrace back a bit before moving up again.

it's been teetering and tottering between $570 and $670 for the past month. $200 gains in about 2 months is not bad at all, but not what we are used to seeing.

[magicmexican]

More evidence that alt-coins aren't doing well - Dogecoin is getting destroyed.  Fell as low as 31 satoshis, now at 35.

Maybe wolong will pump it back to 295

[kehtolo]

took me three weeks after the silkroad 1.0 fell, to get my fiat in order and buy bitcoin off of localbitcoins. From that point I vetted exchanges then deposited and bought bitcoins prolly took another 3 weeks after my local bitcoin buy.

Ouch.. so between 3rd week last Nov til middle of last Dec?

[Richy_T]

Sell walls on Stamp are pretty thin...we could very easily get to $660 today if things hold up like they are right now...

Would be def nice! But not sure if real.

Walls have been thinner already. Tonight seems a bit too soon

Waiting till tomorrow when all Americans will be out in their backyard and too full of burgers to panic buy when the price starts to move up.

[Richy_T]

Monkey is suddenly fearful of an impulsive downward movement. 

Perhaps monkeys are in touch with their primitive impulsive instincts than I am.  Rationally, I do not see how this thing can fail to take off.  Every professional trader in every major financial center must realize at this point, that a 10x, 50x move is all but guarranteed when COIN lists.  How can they not be loading up in their personal accounts?

Still, monkey sez:  Danger of 640 floor breaking over the next 5 hours.

It wouldn't be Bitcoin without a random flash crash.

[adamstgBit]

oh oh getting dangerously close to testing 640 "floor"

[adamstgBit]

omg it happening